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Value of 1995 Chinese Renminbis today

¥100 in 1995
¥178.76 in 2022

The inflation rate in China between 1995 and today has been 78.76%, which translates into a total increase of ¥78.76. This means that 100 renminbis in 1995 are equivalent to 178.76 renminbis in 2022. In other words, the purchasing power of ¥100 in 1995 equals ¥178.76 today. The average annual inflation rate between these periods has been 2.17%.

Inflation timeline in China (1995 - 2022)

The following chart depicts the equivalence of ¥100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (CNY) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1995-2021 74.63%
Cumulative inflation 1995-today 78.76%
Avg. Annual inflation 1995-2021 2.17%
CPI 1995 64.46
CPI 2021 112.57
CPI 2022-08 (latest official data) 115
CPI today 115.23

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1995 and 2021, use the corresponding CPI values:

Value2021
=Value1995 ×
CPI2021/CPI1995
=¥ 100 ×
112.57/64.46
¥174.63

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.23:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=¥ 100 ×
115.23/64.46
¥178.76

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are ¥100 worth today. There are 26 years between 1995 and 2021 and the average inflation rate was 2.1674%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.021674)26
¥174.63

China inflation - Conversion table

Initial Value Equivalent value
¥1 renminbi in 1995 ¥1.75 renminbis in 2021
¥5 renminbis in 1995 ¥8.73 renminbis in 2021
¥10 renminbis in 1995 ¥17.46 renminbis in 2021
¥50 renminbis in 1995 ¥87.32 renminbis in 2021
¥100 renminbis in 1995 ¥174.63 renminbis in 2021
¥500 renminbis in 1995 ¥873.15 renminbis in 2021
¥1,000 renminbis in 1995 ¥1,746.31 renminbis in 2021
¥5,000 renminbis in 1995 ¥8,731.55 renminbis in 2021
¥10,000 renminbis in 1995 ¥17,463.09 renminbis in 2021
¥50,000 renminbis in 1995 ¥87,315.47 renminbis in 2021
¥100,000 renminbis in 1995 ¥174,630.93 renminbis in 2021
¥500,000 renminbis in 1995 ¥873,154.66 renminbis in 2021
¥1,000,000 renminbis in 1995 ¥1,746,309.31 renminbis in 2021
Cumulative inflation From 1995 78.76%
Avg. annual inflation From 1995 2.17%
CPI 1995 64.46
CPI today 115.23

Value of Renminbi over time (by year)

Period Value
1995 100
1996 108.31
1997 111.33
1998 110.47
1999 108.92
2000 109.3
2001 110.09
2002 109.28
2003 110.51
2004 114.74
2005 116.78
2006 118.7
2007 124.42
2008 131.79
2009 130.84
2010 134.99
2011 142.49
2012 146.22
2013 150.05
2014 152.94
2015 155.13
2016 158.24
2017 160.76
2018 164.09
2019 168.85
2020 172.93
2021 174.63
2022-08 178.41
Today 178.76

All available years

Today's value of chinese renminbis by year:

1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: